risk-management
FinanceOil Spill in Black Sea Smaller Than First Thought, Russia Says
FinanceSome Global Property Catastrophe Reinsurance Rates to Fall 5% to 15% on Jan 1, Broker Says
FinanceUkraine Says It Struck Drone Depot in Russia's Oryol Region
Top StoriesAzerbaijan Airlines Flight to Russia Turns Back to Baku After Airspace Closure, Tass Says
5 Types of Business Insurance Essential for Small Businesses
Date: December 24, 2024
Managing a small business involves unique challenges and unpredictable situations. While entrepreneurs focus on growth and customer satisfaction, protecting the company from unforeseen risks is equally important. This is where business insurance plays a critical role. It provides financial coverage and legal protection, allowing small business owners to navigate unexpected events such as accidents, lawsuits,...
Balancing Growth, Sustainability and Support of MSMEs
Date: December 20, 2024
FPM SA is a Congolese financial institution licensed by the BCC (Central Bank of Congo), with KfW, BIO, Cordaid and Incofin as shareholders. As a key player in economic and social development in the DRC, FPM aims to help reduce poverty and improve living conditions in DR Congo by building and developing an inclusive and...
Time to Scale? 4 Ways to Get Your Business Ready
Date: December 18, 2024
By Brandon Spear, CEO, TreviPay Business leaders everywhere are seeking opportunities to expand operations and capture new markets. This growth mindset brings a surge of excitement heading into 2025. Yet, scaling a business—particularly in the B2B space—comes with its unique set of challenges. From navigating complex regulatory environments to managing financial strain and developing robust...
Accelerating Into the Era of AI-driven Finance
Date: December 17, 2024
By Abi Wareing, Senior Manager, Airwalk Reply. The McKinsey Global Institute (MGI) estimates that generative AI (gen AI) could inject between $200 billion and $340 billion into the global banking industry yearly, representing 9% to 15% of operating profits. What we are seeing in this domain is AI’s growing ability to boost productivity, streamline operations,...
Navigating Market Volatility With a Dynamic Portfolio Strategy
Date: December 17, 2024
By Surajit Saha Investors and asset managers seek strategies that balance risk and growth during market volatility. Traditional portfolio models, like the 60/40 equity bond asset allocation, have been decades-long staples but are increasingly challenged by prolonged low interest rates, inflation, and unpredictable market shifts. Innovative portfolio strategies, such as those incorporating the Dragon Portfolio,...
ECB Imposes Extra Capital Charge on 13 Banks Over Leverage Risk
Date: December 17, 2024
FRANKFURT (Reuters) – The European Central Bank imposed additional capital charges on 13 euro zone banks this year, judging that they might be taking on more risk than they can absorb. This “add-on” to the banks’ leverage ratio requirement, which measures a bank’s core capital as a percentage of its total assets, was applied to...